Old Town, ME vs Rumford, ME
There is a significant gap in the cost of living between these two cities. Rumford is 22.6% cheaper than Old Town. With a cost index of 64 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rumford to Old Town should plan for substantially higher expenses across most categories.
On the housing front, median rent in Old Town is $1,014/month compared to $622/month in Rumford — a 63% difference. Home values follow the same pattern: Rumford is more affordable at $115,300 median vs $183,200.
Median household income in Old Town is $49,329 compared to $32,240 in Rumford (+53%). While Old Town is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Old Town spend roughly 24.7% of their income on rent, more than the 23.2% in Rumford.
Climate-wise, both cities share similar average temperatures (43.2°F vs 41.4°F). Old Town receives more rainfall at 44.4" per year compared to 36.5" in Rumford.
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